Uber pays $178 mn to end legal fight with Australian taxi drivers

Global rideshare giant Uber will pay 272 million Australian dollars (USD 178 million) to settle a long-running dispute with Australian taxi and hire car drivers who lost out when the company entered the Australian market.

A class action against Uber had been expected to go to trial in the Supreme Court of Victoria on Monday, but Maurice Blackburn Lawyers representing 8,000 taxi and hire car drivers said the case will be dropped because Uber agreed to the financial settlement.